Recent Research Indicates That Inflation Performance (Low Inflation)has Been Found

question 31

Multiple Choice

Recent research indicates that inflation performance (low inflation) has been found to be best in countries with

• A)the most independent central banks.
• B)political control of monetary policy.
• C)money financing of budget deficits.
• D)a policy of always keeping interest rates low.

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Definitions:

Better Buy

A comparative evaluation of products or deals to determine which offers the best value for money.

Ounce

A unit of weight equal to one sixteenth of a pound or approximately 28.35 grams in the Imperial system.

Cross-multiplication

A mathematical technique used to simplify or solve equations by multiplying the numerator of one fraction by the denominator of another.

X

Often used to represent an unknown variable in mathematics.